finance functions

What’s the state of planning in finance?
Our annual benchmarking report, The State of Connected Planning, investigates how leading organizations accelerate business value through Connected Planning. We surveyed over 1,000 planning professionals across all business functions in 45 countries and 18 industries to uncover leading planning trends.
This finance-focused brief contains:
• Key findings from finance professionals
• Challenges faced by finance professionals
• How they believe they can improve their planning processes

Today, organizations are squeezing their finance and accounting functions like never before. Expectations are at an all-time high, yet resources are increasingly scarce. They must maintain controls, compliance, and keep up with complex accounting rules — all while meeting business demands for faster turnaround and lower costs.

This report on a global survey among finance executives examines how finance must transform discrete processes and systems into a networked value chain and common technology platform and automate manual interventions. With the Ariba Network, SAP provides deep, real-time visibility into key data and connects finance to procurement, treasury and more.

This report on a global survey among finance executives examines how finance must transform discrete processes and systems into a networked value chain and common technology platform and automate manual interventions. With the Ariba Network, SAP provides deep, real-time visibility into key data and connects finance to procurement, treasury and more.

The shift to SaaS is gaining momentum and there are clear business benefits that can be derived. To optimise success, transformation strategies need to encompass all elements of people, processes, technology and organisational design. Adopting SaaS technologies drives significant change to the way organisations operate – from business processes to support model design and company culture. The implications of cloud adoption and technical challenges such as integrations, data migration and configuration must be fully understood and addressed from the outset.

It’s hard to imagine a world without Netflix. Yet less than 20 years ago, the world’s leading
internet television network was nothing more than an idea and a vision. To meet incredible global
demand and figure out how to expand rapidly, Netflix turned to Workday to help scale its resources
quickly and modernize its systems. Check out this compelling story from Netflix to discover how
Workday enabled Netflix to consolidate 11 systems into 1, streamline workflows, increase visibility, and
bring its HR, IT, and finance functions together as a single team.

It’s hard to imagine a world without Netflix. Yet less than 20 years ago, the world’s leading
internet television network was nothing more than an idea and a vision. To meet incredible global
demand and figure out how to expand rapidly, Netflix turned to Workday to help scale its resources
quickly and modernize its systems. Check out this compelling story from Netflix to discover how
Workday enabled Netflix to consolidate 11 systems into 1, streamline workflows, increase visibility, and
bring its HR, IT, and finance functions together as a single team.

Stakeholders increasingly expect more from the finance function than transactional processing and historical reporting. Will you meet the challenge or are you at risk of getting left behind?
Read this report to understand:
• what CEOs are looking for from their finance functions
• six priority areas CFOs should focus on to meet new demands from the business
• how leading companies are transforming their finance functions
• five steps for turning disruption into opportunity.

It’s hard to imagine a world without Netflix. Yet less than 20 years ago, the world’s leading
internet television network was nothing more than an idea and a vision. To meet incredible global
demand and figure out how to expand rapidly, Netflix turned to Workday to help scale its resources
quickly and modernize its systems. Check out this compelling story from Netflix to discover how
Workday enabled Netflix to consolidate 11 systems into 1, streamline workflows, increase visibility, and
bring its HR, IT, and finance functions together as a single team.

An Enterprise Resource Planning (ERP) system is a series of software applications or modules that collects data from your sales, purchasing, finance, inventory, supply chain, manufacturing and quality functions into a common database so that your company can share the information, coordinate activities and collaborate.
If you’re looking for your first ERP system or looking to upgrade from an existing system, the evaluation, selection and implementation process is a long-term strategic decision for your organization.

Many senior finance executives want their department to play a more strategic role in the management and operations of their company. They believe there is value in shifting their focus from processing transactions to higher-value functions in order to be able to make more substantial contributions to the success of the organization. Continuous accounting can serve as the foundation for transforming the role of the department.